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representative on the auction $ oor. Please   each auction and are sent on request to   Certi# ed checks, banker’s drafts and   collecting.  All property releases are subject
          contact the Bid Department prior to the   catalogue purchasers and subscribers.   cashier’s checks are accepted at Sotheby’s   to the receipt of cleared funds.
          sale to make arrangements or to answer   Results may also be obtained online at   discretion and provided they are issued by   Please see the Conditions of Sale for
          any questions you may have. Telephone   sothebys.com.  a reputable # nancial institution governed by
                                                                                       further details.
          bids are accepted only at Sotheby’s                anti-money laundering laws.  Instruments
          discretion and at the caller’s risk. Calls may   International Auctions!If you need   not meeting these requirements will be
                                                                                       Endangered Species!Certain property
          also be recorded at Sotheby’s discretion.   assistance placing bids, obtaining condition   treated as “cash equivalents” and subject to   sold at auction, for example, items made of
          By bidding on the telephone, prospective   reports or receiving auction results for a   the constraints noted in the prior paragraph
                                                                                       or incorporating plant or animal materials
          buyers consent thereto.   Sotheby’s sale outside the United States,   titled “Payment By Cash”.  such as coral, crocodile, ivory, whalebone,
                                    please contact our International Client
                                                                                       tortoiseshell, rhinoceros horn, rosewood,
          Online Bidding If you cannot attend the   Services Department.   Payment by Wire Transfer  To pay for a   etc., irrespective of age or value, may
          auction, it may be possible to bid online via      purchase by wire transfer, please refer to
                                                                                       require a license or certi# cate prior to
          BIDnow, eBay, Invaluable or other Online   4.  AFTER THE AUCTION  the payment instructions on the invoice   exportation and additional licenses or
          Platforms for selected sales.  This service is     provided by Sotheby’s or contact Post Sale
                                                                                       certi# cates upon importa tion to another
          free and con# dential. For information about   Payment!If your bid is successful, you   Services to request instructions.  country. Sotheby’s suggests that buyers
          registering to bid via BIDnow, please see
                                    can go directly to Post Sale Services to           check on their government wildlife import
          www.sothebys.com.  For information about   make payment arrangements. Otherwise,   Sales and Use Tax!New York sales tax   requirements prior to placing a bid. Please
          registering to bid on eBay, please see www.        is charged on the hammer price, buyer’s
                                    your invoice will be mailed to you. The # nal      note that the ability to obtain an export
          ebay.com/sothebys.  For information about   price is determined by adding the buyer’s   premium and any other applicable charges   license or certi# cate does not ensure
          registering to bid on Invaluable, please see       on any property picked up or delivered in
                                    premium to the hammer price on a per-lot           the ability to obtain an import license or
          www.invaluable.com/invaluable/help.cfm.    basis. Sales tax, where applicable, will be   New York State, regardless of the state or   certi# cate in another country, and vice
          Bidders utilizing any online platform are          country in which the purchaser resides
                                    charged on the entire amount. Payment              versa. It is the purchaser’s responsibility to
          subject to the Online Terms as well as the   is due in full immediately after the sale.   or does business.  Purchasers who wish   obtain any export or import licenses and/
          relevant Conditions of Sale. Online bidding        to use their own shipper who is not a
                                    However, under certain circumstances,              or certi# cates as well as any other required
          may not be available for Premium Lots.             considered a “common carrier” by the
                                    Sotheby’s may, in its sole discretion,             docu menta tion. In the case of denial of any
                                    o" er bidders an extended payment plan.   New York Department of Taxation and   export or import license or of delay in the
          Employee Bidding!Sotheby’s employees   Such a payment plan may provide an   Finance will be charged New York sales   obtaining of such licenses, the purchaser
          may bid in a Sotheby’s auction only if the         tax on the entire charge regardless of the
                                    economic bene# t to the bidder. Credit             is still responsible for making on-time
          employee does not know the reserve and if   terms should be requested at least one   destination of the property.  Please refer to   payment of the total purchase price for
          the employee fully complies with Sotheby’s         “Information on Sales and Use Tax Related
                                    business day before the sale. However,             the lot.
          internal rules governing employee bidding.         to Purchases at Auction” in the back of the
                                    there is no assurance that an extended
                                    payment plan will be o" ered. Please   catalogue.  Although licenses can be obtained to
          US Economic Sanctions!The United   contact Post Sale Services or the specialist   export some types of endangered species,
          States main tains economic and trade               Collection and Delivery    other types may not be exported at all, and
                                    in charge of the sale for information on
          sanctions against targeted foreign   credit arrangements for a particular lot.   Post Sale Services  other types may not be resold in the United
          countries, groups and organi zations. There        + 1 212 606 7444          States. Upon request, Sotheby’s is willing
                                    Please note that Sotheby’s will not accept
          may be restrictions on the import into the   payments for purchased lots from any   FAX: + 1 212 606 7043  to assist the purchaser in attempting to
          United States of certain items originating         uspostsaleservices@sothebys.com  obtain the appropriate licenses and/or
                                    party other than the purchaser, unless
          in sanctioned countries, including Burma,   otherwise agreed between the purchaser   Once your payment has been received   certi# cates. However, there is no assurance
          Cuba, Iran, North Korea and Sudan. The                                       that an export license or certi# cate can be
                                    and Sotheby’s prior to the sale.  and cleared, property may be released.
          purchaser’s inability to import any item           Unless other wise agreed by Sotheby’s, all   obtained. Please check with the specialist
          into the US or any other country as a result                                 depart ment or the Shipping Department
                                    Payment by Cash!It is against Sotheby’s   purchases must be removed by the 30th
          of these or other restrictions shall not   general policy to accept single or multiple   calendar day following a sale.  if you are uncertain as to whether a lot is
          justify cancellation or rescission of the sale                               subject to these export/import license
                                    related payments in the form of cash or
          or any delay in payment.  Please check   cash equivalents in excess of the local   Shipping Services!Sotheby’s o" ers a   and certi# cate require ments, or any other
          with the specialist department if you are                                    restrictions on exportation.
                                    currency equivalent of US $10,000.  It is   com prehen  sive shipping service to meet
          uncertain as to whether a lot is subject   Sotheby’s policy to request any new clients   all of your requirements. If you received
          to these import restrictions, or any other                                   The Art Loss Register!As part of
                                    or purchasers preferring to make a cash   a shipping quotation or have any
          restrictions on importation or exportation.                                  Sotheby’s e" orts to support only the
                                    payment to provide: veri# cation of identity   questions about the services we o" er
                                    (by providing some form of government   please contact us.  legitimate art market and to combat the
          Hammer Price and the Buyer’s   issued identi# cation containing a            illegitimate market in stolen property,
          Premium!For lots which are sold, the                                         Sotheby’s has retained the Art Loss
                                    photograph, such as a passport, identity   Collecting your Property!As a courtesy
          last price for a lot as announced by the   card or driver’s license), con# rmation of   to purchasers who come to Sotheby’s to   Register to check all uniquely identi# able
          auctioneer is the hammer price. A buyer’s                                    items o" ered for sale in this catalogue that
                                    permanent address and identi # cation of   collect property, Sotheby’s will assist in the
          premium will be added to the hammer   the source of the funds.  packing of lots, although Sotheby’s may,   are estimated at more than the equivalent
          price and is payable by the purchaser as                                     of US$1,500 against the Art Loss Register’s
                                                             in the case of fragile articles, choose not to
          part of the total purchase price. The buyer’s   Payment by Credit Cards!Sotheby’s   pack or otherwise handle a purchase.   computerized database of objects reported
          premium will be the amount stated in the                                     as stolen or lost. The Art Loss Register
                                    accepts payment by credit card for Visa,
          Conditions of Sale.                                If you are using your own shipper to collect   is pleased to provide purchasers with a
                                    MasterCard, and American Express only.
                                    Credit card payments may not exceed   property from Sotheby’s, please provide a   certi# cate con# rming that a search has
          Currency Board!As a courtesy to bidders,   $50,000 per sale. Payment by credit card   letter of authorization and kindly instruct   been made. All inquiries regarding search
          a currency board is operated in many               your shipper that they must provide a Bill of   certi# cates should be directed to The Art
                                    may be made (a) online at https://www.
          salesrooms. It displays the lot number   sothebys.com/en/invoice-payment.html,   Lading prior to collection. Both documents   Loss Register, First Floor, 63-66 Hatten
          and current bid in both U.S. dollars and           must be sent to Post Sale Services prior   Garden, London EC1N 8LE or by email at
                                    (b) by calling in to Post Sale Services at
          foreign currencies. Exchange rates are   +1 212 606 7444, or (c) in person at   to collection.  artloss@artloss.com. The Art Loss Register
          approximations based on recent exchange                                      does not guarantee the provenance or
                                    Sotheby’s premises at the address noted   The Bill of Lading must include: the
          rate information and should not be   in the catalogue.   purchaser’s full name, the full delivery   title of any catalogued item against which
          relied upon as a precise invoice amount.                                     they search, and will not be liable for any
                                                             address including the street name and
          Sotheby’s assumes no responsibility for   Payment by Check!Sotheby’s accepts   number, city and state or city and country,   direct or consequential losses of any nature
          any error or omission in foreign or United                                   howsoever arising. This statement and the
                                    personal, certi# ed, banker’s draft and   the sale and lot number.
          States currency amounts shown.                                               ALR’s service do not a" ect your rights and
                                    cashier’s checks drawn in US Dollars (made   Sotheby’s will contact your shipper within   obligations under the Conditions of Sale
                                    payable to Sotheby’s). While personal and
          Results!Successful absentee bidders will   company checks are accepted, property   24 hours of receipt of the Bill of Lading   applicable to the sale.
          be noti# ed after the sale. Absentee bidders       to con# rm the date and time that your
                                    will not be released until such checks have
          will receive a list of sale results if they   cleared, unless you have a pre-arranged   property can be collected.  Property will not
          enclose a stamped self-addressed envelope          be released without this con# rmation and
                                    check acceptance agreement. Application
          with their absentee bid form. Printed lists of   for check clearance can be made through   your shipper must bring the same Bill of
          auction prices are available at our galleries      Lading that was faxed to Sotheby’s when
                                    the Post Sale Services.
          approximately three weeks following
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